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标题: Reading 18: Currency Exchange Rates-LOS i习题精选 [打印本页]

作者: 土豆妮 时间: 2010-4-13 16:24 标题: [2010]Session 4-Reading 18: Currency Exchange Rates-LOS i习题精选

Session 4: Economics: Economics for Valuation
Reading 18: Currency Exchange Rates

LOS i: Distinguish between spot and forward transactions, calculate the annualized forward premium/discount for a given currency, and infer whether the currency is "strong" or "weak."

Doug Wyatt is a currency trader for Global Currency Exchange Inc. Wyatt has compiled the following information concerning the U.S. dollar ($) / Australian dollar (AUD) exchange rate.

Spot bid rate: $0.745.
Spot ask rate: $0.749.
3-month forward bid rate: $0.752.
3-month forward ask rate: $0.754.

Which of the following statements concerning the currencies is CORRECT?

A)
The AUD is selling at a forward discount of 4.83%.

B)
The AUD is selling at a forward premium of 4.83%.

C)
The AUD is selling at a forward premium of 3.21%.

作者: luqian55 时间: 2010-5-31 07:29

thanks

作者: annyyu 时间: 2011-1-11 04:11

re

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